A drilling apparatus capable of having a minimal axial length to permit its use within limited confines. The drilling apparatus includes a housing with a housing bore and a first housing end, a spindle rotatably supported within the housing bore, bearing elements within the housing bore and surrounding the spindle to rotatably support the spindle within the housing, and a drive unit for rotating the spindle. The spindle is configured to secure a shank of a drill bit at a first end thereof exposed at the first housing end, and the drive unit is transversely offset from an axis of rotation of the spindle.